Interest Period Commencement Date definition

Interest Period Commencement Date means the date upon which an Interest Period commences.
Interest Period Commencement Date the eleventh (11th) day of each calendar month; provided, however, that if the Payment Date is changed by Lender pursuant to the definition thereof, Lender may adjust this definition accordingly.
Interest Period Commencement Date. Section 4.2 "IRS" Section 7.12.2 "LC Advance Amount" Section 11.3.3 "LC Commitment Amount" Section 3.1 "LC Notice of Advance" Section 11.3.3 "Letter of Credit" Section 3 "Letter of Credit Fee" Section 3.7 "Letter of Credit Fee Policy" Section 3.7

Examples of Interest Period Commencement Date in a sentence

  • The interest for each Fixed-Rate Note is calculated on its unredeemed nominal value starting from the Interest Period Commencement Date at an annual rate (expressed as a percentage) equal to the Interest Rate, this interest being payable in arrears on each Interest Payment Date.

  • This/These Interest Payment Date(s) is/are indicated in the relevant Final Terms or, if no Interest Payment Date is indicated in the relevant Final Terms, the Interest Payment Date shall mean each date situated at the end of the number of months or at the end of another period indicated in the relevant Final Terms as being the Interest Period, falling after the previous Interest and, in the case of the First Interest Payment Date, falling after the Interest Period Commencement Date.

  • Each Floating-Rate Note bears interest calculated on its unredeemed nominal value starting from the Interest Period Commencement Date at an annual rate (expressed as a percentage) equal to the Interest Rate, this interest being payable in arrears on each Interest Payment Date.

  • Interest Period Commencement Date (Date de Début de Période d’Intérêts) means the Issue Date of the Notes or any other date referred to in the applicable Final Terms.

  • Each Fixed Rate Note bears interest calculated on its outstanding nominal amount, as from the Interest Period Commencement Date, at an annual rate (expressed as a percentage) equal to the Interest Rate, payable annually, half-yearly, quarterly or monthly in arrears on each Interest Payment Date.

  • Each Floating Rate Note shall bear interest calculated on its unredeemed nominal amount, as from the Interest Period Commencement Date, at an annual rate (expressed as a percentage) equal to the Interest Rate, payable annually, half-yearly, quarterly or monthly in arrears on each Interest Payment Date.

  • If a Physical Note is redeemed on a date that is not an Interest Payment Date, the interest (if any) accrued on such Note since the previous Interest Payment Date (included) or, as the case may be, the Interest Period Commencement Date (included) shall be paid only against presentation and surrender (if relevant) of the related Physical Note.

  • The Libor Rate Request must specify (a) the principal amount of the requested Libor Loan, (b) the Interest Period selected by such Borrower, and the date on which such Borrower requests that such Interest Period commence ("Interest Period Commencement Date").

  • When used in the geographic sense, the term ‘‘United States’’ means the States, the District of Columbia, and the internal waters and territorial sea established in accordance with international law; it also includes the seas, sea- bed and subsoil adjacent to the territorial sea over which the Unit- ed States has sovereign rights in accordance with international law.

  • Each Floating-Rate Note bears interest calculated on its unredeemed nominal value starting from the Interest Period Commencement Date at an annual rate (expressed as a percentage) equal to the Interest Rate, this interest being payable in arrears on each Coupon Payment Date.


More Definitions of Interest Period Commencement Date

Interest Period Commencement Date. Section 4.2 "IRS" Section 7.12.2 "LC Advance Amount" Section 11.3.2 "LC Commitment Amount" Section 3.1 "LC Notice of Advance" Section 11.3.3 "Letter of Credit" Section 3 "Letter of Credit Fee" Section 3.7 "Letter of Credit Fee Policy" Section 3.7 "Libor Margin" Section 4.3 "Libor Rate" Section 4.2 "Libor Rate Request" Section 4.2 "Loan" Section 2 "Loan Advance Amount" Section 11.3.2 "Loan Documents" Section 6.1.3 "Loan Notice of Advance" Section 11.3.2 "Material Agreement" Section 7.8 "Maturity Date" Section 5.3 "Minimum Libor Prepayment" Section 5.4.3 "Minimum Prepayment Requirement" Section 5.4.3 "Minimum Variable Prepayment" Section 5.4.3 "Multiemployer Plan" Section 7.12.1 "Notes" Section 5.1 "Notice of Advance" Section 11.3.3 "Payment Account" Section 11.10 "Payment Distribution" Section 11.10 "Permitted Encumbrances" Section 7.3 "Permitted Indebtedness" Section 9.8 "Potential Default" Section 6.1.2 "Premises Section 7.15.1
Interest Period Commencement Date means the third (3rd) day of each calendar month during the term of the Loan or, if such day is not a Business Day, the immediately succeeding Business Day.
Interest Period Commencement Date the 11th day of each calendar month (or such different day of each calendar month that Lender may designate in its sole discretion by notice to Borrower given at least ten days before such change is to take effect).
Interest Period Commencement Date the 11th day of each calendar month; provided, however, that if the Payment Date is changed by Lender pursuant to the -------- ------- definition thereof, Lender may adjust this definition accordingly.
Interest Period Commencement Date means the issue date of the Notes or any other date that may be stated in the relevant Final Terms.

Related to Interest Period Commencement Date

  • Interest Period Date means each Interest Payment Date unless otherwise specified hereon.

  • Interest Period End Date means the date or dates specified as such in, or determined in accordance with the provisions of, the Final Terms and, if an Applicable Business Day Convention is specified in the Final Terms, as the same may be adjusted in accordance with the Applicable Business Day Convention or, if the Applicable Business Day Convention is the FRN Convention and an interval of a number of calendar months is specified in the Final Terms as the Interest Accrual Period, such dates as may occur in accordance with the FRN Convention at such specified period of calendar months following the Interest Commencement Date (in the case of the first Interest Period End Date) or the previous Interest Period End Date (in any other case) or, if none of the foregoing is specified in the Final Terms, means the date or each of the dates which correspond with the Interest Payment Date(s) in respect of the Instruments.

  • Interest Commencement Date means the Issue Date or such other date as may be specified in the relevant Final Terms.

  • Loan Commencement Date means, with respect to each Growth Capital Loan: (a) the first day of the first full calendar month following the Borrowing Date of such Loan if such Borrowing Date is not the first day of a month; or (b) the same day as the Borrowing Date if the Borrowing Date is the first day of a month.

  • Interest Period means the period beginning on (and including) the Interest Commencement Date and ending on (but excluding) the first Interest Payment Date and each successive period beginning on (and including) an Interest Payment Date and ending on (but excluding) the next succeeding Interest Payment Date.

  • Fixed Interest Period means the period from (and including) an Interest Payment Date (or the Interest Commencement Date) to (but excluding) the next (or first) Interest Payment Date; and

  • Fixed Rate Interest Period means the period beginning on (and including) the Issue Date and ending on (but excluding) the first Fixed Rate Interest Payment Date, and each successive period beginning on (and including) a Fixed Rate Interest Payment Date and ending on (but excluding) the next succeeding Fixed Rate Interest Payment Date.

  • rest period is a paid interval which is included in the workday and is intended to give the employee an opportunity to have refreshments or a rest.

  • Subsequent Interest Period has the meaning specified in Section 307.

  • Term Commencement Date shall be the later of (i) November 1, 2006 or (ii) the date on which Landlord’s Work is Substantially Complete (or the date on which Landlord’s Work would have been Substantially Complete absent Tenant Delay or Force Majeure (as defined below)); provided, however, that if the Term Commencement Date is not the first day of a calendar month, then the first lease year shall be extended through the last day of the calendar month in which the first 12-month period expires, and Rent for the additional period at the end of the first lease year shall be payable at the rate for the 12th month of the Term. “Force Majeure” means accident; breakage; repair; governmental regulation, moratorium or other governmental action. The “Term Expiration Date” shall be the day immediately preceding the seventh (7th) anniversary of the Term Commencement Date, provided that if such preceding day is not the last day of a calendar month, then the Term Expiration Date shall be the last date of the calendar month in which such preceding day occurs. Landlord and Tenant shall each execute and deliver to the other written acknowledgment of the actual Term Commencement Date and the Term Expiration Date when such are established, and shall attach it to this Lease as Exhibit B. Failure to execute and deliver such acknowledgment, however, shall not affect the Term Commencement Date or Landlord’s or Tenant’s liability hereunder. Failure by Tenant to obtain validation by any medical review board or other similar governmental licensing of the Premises required for the Permitted Use by Tenant shall not serve to extend the Term Commencement Date.

  • Applicable Interest Period for each Credit Facility has the meaning specified for that Credit Facility in the Credit Facility Schedule; provided, however, that, at any time that the Applicable Prime Rate is the Applicable Index Rate, Applicable Interest Period shall mean the period commencing as of the most recent Applicable Interest Rate Determination Date and continuing until the next Applicable Interest Rate Determination Date or such earlier date as the Applicable Prime Rate shall no longer be the Applicable Index Rate; and provided, further, that, at any time the Libor Rate Index is adjusted as set forth in the definition thereof, or re-implemented following invocation of the Applicable Prime Rate as permitted herein, the Applicable Interest Period shall mean the period commencing as of such adjustment or re-implementation and continuing until the next Applicable Interest Rate Determination Date, if any.

  • Reset Interest Period means each period from (and including) any Reset Date and ending on (but excluding) the next Reset Date.

  • Applicable Anniversary of the Commencement Date means the fifth (5th) anniversary of the Commencement Date.

  • Initial Interest Period shall have the meaning set forth in Section 2.3.1.

  • Impacted Interest Period has the meaning assigned to such term in the definition of “LIBO Rate”.

  • Floating Rate Interest Period means, during the Floating Rate Period, the period beginning on (and including) a Floating Rate Period Interest Payment Date and ending on (but excluding) the next succeeding Floating Rate Period Interest Payment Date; provided that the first Floating Rate Interest Period will begin on (and include) April 18, 2025 and will end on (but exclude) the first Floating Rate Period Interest Payment Date.

  • Amortization Commencement Date means the date on which an Amortization Event is deemed to occur pursuant to Section 20 hereof.

  • Annuity Commencement Date is the first day of the month an annuity begins under this contract. This date may not be later than the date a Participant's periodic benefits are required to commence under the Code.

  • Rent Commencement Date means [Insert date or description] or any later date calculated in accordance with paragraph 3.3 of Part 5 of the Schedule;

  • Billing Commencement Date means the earlier of:

  • Payment Commencement Date means the date payments of amounts deferred begin pursuant to Article III, Section 6.

  • Offering Commencement Date means the first day of each Offering Period.

  • Accumulation Commencement Date means January 1, 2021, or such later date as the Calculation Agent on behalf of the Issuer determines in accordance with Section 2.11 hereof.

  • Quarterly Commencement Date means the 20th day of each of March, June, September and December in each year.

  • Interest Periods means period(s) of three (3) or six (6) months as selected by the Borrowers, or as otherwise agreed by the Lenders and the Borrowers;

  • Extension Period has the meaning set forth in Section 2.11.